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Overview
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This introductory course explains how to manage inventory, including stock types, replenishment methods, Just in Time, Economic Order Quantity, inventory accounting, and FIFO/LIFO valuation.
Syllabus
Introduction to Inventory Management.
What is Inventory Management.
Objectives of Inventory Management.
Types of stock.
Methods of Inventory Management.
Just In Time.
Economic Order Quantity.
Inventory Accounting.
First In First Out.
Last In First Out.
Categories of Inventory.
Summary.
Taught by
Great Learning